N Korea Nov coal export to China up 18% in value, Yonhap says

North Korea’s anthracite coal exports to China rose 18 percent in November to US$121.45 million from the previous month, Yonhap news agency reported Tuesday, citing data from Seoul-based Korea International Trade Association. Analysts predicted that North Korea-China coal trade may decline following the execution of Kim Jong-un’s uncle Chang Song-thaek, who was an important link between the two countries. One of the charges leveled against Chang was of “selling coal resource at unreasonable low price,” the report noted.

Apple Inc. has teamed up with Chinese payments giant Ant Financial Services Group and several local banks to offer interest-free financing amid waning smartphone sales, Reuters reports. The US tech behemoth issued a rare...

Hong Kong Monetary Authority (HKMA) chief executive Norman Chan Tak-Lam will retire from his post on Oct. 1, a day after his second five-year term expires, Financial Secretary Paul Chan Mo-po announced on Thursday....

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Chinese smartphone makers have been making lots of improvement in the design and application of their products over the past few years. While many believe that Samsung Electronics and Apple are still the frontrunners...